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Environmental Stewardship

Banks have an important role to play in ensuring the world’s energy needs are met while helping to limit the threat that climate change poses to people and to the natural environment.
We are focused on three areas of activity at Barclays:

  • Financing the growth of renewable energy sources and proactively supporting the development of businesses aiming to solve the world’s environmental challenges
  • Taking a responsible and sustainable approach to the necessary financing of sources of energy that are more carbon intensive or those with higher environmental impact; and
  • Reducing the carbon footprint of our own operations and supply chain throughout the world. We will reduce operational scope 1 and 2 emissions by 80% by 2025f and commit to RE100, to procure 100% of global operational energy needs from renewable sources by 2030, with an interim target of 90% by 2025.
     

Footnotes:
f Scope 2 emissions measured according to market basis under the Greenhouse Gas Protocol (By 2025 against a 2018 baseline)